ECF

The war in Ukraine has dramatically highlighted Europe’s dependence on fossil fuel imports and has driven fuel prices to the highest level in a decade. In reaction to this price spike, many European governments adopted fuel tax cuts (price reductions at the pump) to soften the impacts on citizens. 18 out of the 27 EU governments have taken such measures, at a total cost of almost €16 billion that could rise even further if these policies are prolonged or kept permanently. 

In this report, ECF and its partners take a look at more sustainable – and more logical – alternatives to fuel tax cuts.